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21 ноября, 21:48

Ancala unit buys Apache’s SAGE interests

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Ancala Midstream Acquisitions Ltd., London, has let a contract to Wood Group to operate the Scottish Area Gas Evacuation System (SAGE) and Beryl Gas Pipeline in the UK North Sea after acquiring the interests of Apache Corp.

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21 ноября, 21:20

Ineos acquiring more interests off the UK

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Ineos UK SNS Ltd. has agreed to farm in to two exploratory licenses in the West of Shetland area off the UK that include a large natural gas prospect called Lyon.

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21 ноября, 20:32

Gulf of Mexico producers to become Talos Energy Inc.

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Talos Energy LLC, Houston, and Stone Energy Corp., Lafayette, La., have agreed to merge in an all-stock transaction creating a Gulf of Mexico producer named Talos Energy Inc. Both companies recently have reported discoveries in the deepwater Gulf of Mexico. And Talos this year reported an oil strike in shallow water off Mexico in its Zama 1 exploratory well.

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21 ноября, 20:08

Maersk Drilling outlines alliance with Aker BP

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Maersk Drilling and Aker BP announced a drilling rig alliance based on a tripartite collaboration model that also includes service provider Halliburton Co. The alliance involving high-performance jack ups aims at lower cost for Aker BP and increased profitability for Maersk Drilling and Halliburton. 

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21 ноября, 19:58

Serica due BP stakes in three fields off UK

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Serica Energy PLC, London, has agreed to buy interests in three natural gas and condensate fields in the northern UK North Sea from BP PLC and become operator. 

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21 ноября, 19:48

MARKET WATCH: NYMEX down slightly but holds above $56/bbl

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Light, sweet crude oil futures declined slightly but still settled above $56/bbl on Nov. 20 on the New York market as oil prices traded fairly flat in anticipation of a Nov. 30 producers’ meeting in Vienna. The Organization of Petroleum Exporting Countries and some non-OPEC producers, including Russia, are expected to decide whether to extend production-cut targets set to expire in March 2018.  

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20 ноября, 22:07

Ineos to supply long-term US ethane to China

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Ineos has reached a long-term agreement to supply US-produced ethane to SP Chemicals’ newbuild 650,000-tonne/year cracker in Taixing, Jiangsu Province, China. Ineos has been shipping ethane from the US to Europe since 2015.

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20 ноября, 21:54

Chaparral exits EOR to focus on STACK

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Chaparral Energy Inc., Oklahoma City, has sold its enhanced oil recovery properties in Oklahoma and Texas to Perdure Petroleum, which Delaware records indicate was formed Sept. 26 as a limited liability company.  

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20 ноября, 21:36

Nebraska PSC approves Keystone XL’s mainline alternative route

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Nebraska’s Public Service Commission approved the proposed Keystone XL crude oil pipeline’s Mainline Alternative Route in a 3-2 vote. The new route maximizes co-location of the new system with the existing Keystone pipeline while having potential impacts on fewer miles of threatened or endangered species’ ranges, PSC said in its Nov. 20 final order.

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20 ноября, 21:08

Aramco shutters, plans to convert Jiddah refinery into terminal

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Saudi Aramco has discontinued crude processing operations at its 77,000-b/d Jiddah refinery along the Red Sea coast to convert the industrial complex into a distribution center for petroleum products. 

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20 ноября, 20:52

Funding complete for two Nigerian fields

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Nigerian National Petroleum Corp. says execution of the final phase of an alternative financing agreement with Chevron Corp. will boost production in Nigeria by 39,000 b/d of oil and 283 MMscfd of natural gas. 

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20 ноября, 20:42

Anadarko reports 2018 capital guidance

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Anadarko Petroleum Corp., The Woodlands, Tex., reported its 2018 capital expectations and guidance. In 2018, the company expects to make capital investments of $4.2-4.6 billion.